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Investors Will Want Yantai China Pet Foods' (SZSE:002891) Growth In ROCE To Persist
Here's Why We Think Yantai China Pet Foods (SZSE:002891) Might Deserve Your Attention Today
Guolian: The Pet Economy is steadily growing, with ten-million-level blockbuster products continuing to emerge.
In 2024, the online sales data of the pet market maintains double-digit growth, brand concentration is increasing, domestic brands are replacing imports, and the leading structure is relatively stable.
Zheshang: Xiaohongshu is welcoming overseas traffic, and pet brands are expected to seize the opportunities for going abroad.
Leveraging the inherent "grass-planting gene" advantage of Xiaohongshu, the pet Industry is expected to seize the business opportunities arising from the new trend.
Zhongchong Co., Ltd.: 2024 performance forecast
Yantai China Pet Foods (002891.SZ): The net income for 2024 is expected to increase by 54.40%-71.55%.
On January 16, GELONGHUI reported that Yantai China Pet Foods (002891.SZ) announced its performance forecast for 2024. The net income attributable to shareholders of the listed company is expected to be 0.36-0.4 billion yuan, an increase of 54.40%-71.55% compared to the same period last year; the net income after excluding non-recurring gains and losses is forecasted to be 0.32-0.37 billion yuan, an increase of 42.26%-64.49% compared to the same period last year; the basic EPS is projected to be 1.2240-1.3600 yuan/share. The company insists on focusing on the construction of its own brand, wanpy, New Zealand ZEAL, and Toptrees leading.
Here's What To Make Of Yantai China Pet Foods' (SZSE:002891) Decelerating Rates Of Return
